RESEARCH and Markets has released the "Construction & Mining Equipment Wholesaling in the US" report which indicates the health of the industry.
This industry comprises establishments primarily engaged in wholesaling specialised machinery, equipment, and related parts used in mining activities.The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors.
The report indicates that the Construction and Mining Equipment Wholesaling industry is experiencing high levels of competition, which is expected to continue increasing.
The analysts say that external competition from manufacturers that sell directly to large customers, bypassing wholesalers negatively impacts industry players. At the same time, larger wholesalers have a commanding presence as they enjoy better purchasing terms and are better able to move stock, focusing on markets where sales are strong. This intensifies competition for the smaller wholesalers.
To view the report please click here.
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